Global Cellophane Market Share Revenue Projected Around USD 480 Million by 2028

08-Sep-2020 | Facts and Factors

Facts and Factors have authored Cellophane Market By Commodity (Plain Transparent Cellophane, Coated Cellophane & Others [Metallic]) By Formation (Tape, Bags, Films, & Others [Sheets]), By Process (Tobacco & Cigarettes Packaging, Food Packaging, Pharmaceutical Packaging, Battery Packaging, and Others), By Distribution Network (Indirect & Direct): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022 – 2028. Based on our analysis, the global cellophane market in 2021 was approximately USD 322 Million and is anticipated to reach around USD 480 Million by 2028. The anticipated CAGR for the cellophane market is around 4.92% from 2022 to 2028.

Cellophane is typically a transparent thin film that is formed of regenerated cellulose, principally used for packaging material. In the initial phase of the 19th-century Cellophane was invented by Mr. Jacques  Brandenberger. Its low porousness to water, oils, air, and bacteria, greases makes it suitable for food packaging. In addition to food packaging, cellophane is utilized in tubing, translucent pressure-sensitive tape, and numerous applications. Cellophane can be made from cotton, wool, hemp, as well as other sources that dissolve in carbon disulfide and alkali to form a solution termed viscose. This viscose solution is extruded through a split into sodium sulfate and dilute sulfuric acid to re-convert the viscose into cellulose. The film is then passed through some more procedures to become a transparent, thin sheet called cellophane.

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Cellophane Market Size

The increasing investments in biodegradable cellophane packaging solutions, across the world, are one of the most key factors fueling the growth of the global cellophane market. Compostable and biodegradable cellulose films are harder and more concerned with several bio-polymers presently on the market which makes them ideal for use in standard form-fill-seal and flow-wrap equipment for food packaging. The global cellophane market is anticipated to grow owing to the increasing demand by rising customer awareness and an extensive focus on innovations, research, and development by key players. Increasing industrialization, growing end-use industries, and growing demand for professionals are anticipated to witness significant growth in the global cellophane market within the forecast period. The stringent government regulations and policies for cellophane may hamper the market’s growth. The global shift towards sustainable packaging solutions, research, and development, innovations activities in the technology of the cellophane, and expansion in wide application areas for packing by manufacturers are anticipated to open new avenues for the cellophane market in the near future.    

On the basis of commodity, the cellophane market is segmented as plain transparent cellophane, coated cellophane, other (metallic). Among which coated cellophane sector is anticipated to account for the major revenue share in the cellophane market over the forecast period. The coated cellophane division is followed by the plain transparent (PT) cellophane segment in terms of revenue share. The coated cellophane segment was accounted for around 50.2% of the global cellophane market in 2021.

On the basis of formation, the cellophane market is segmented as tape, bags, films, others (sheets). Among which films segment is anticipated to account for the major revenue share in the cellophane market over the forecast period. The film segment is followed by the bags segment in terms of revenue share. The film segment was accounted for around 50.2% of the global cellophane market in 2021.

On the basis of process, the global cellophane market is categorized into tobacco & cigarettes packaging, food packaging, pharmaceutical packaging, battery packaging, others. Among these segments, the food packaging division accounted for the relative revenue share in the cellophane market. In 2021, the food packaging segment was the most attractive segment of the market. Cellophane used to pack candy, cheese, baked food, processed meat is included under this segment. This also includes processed food items such as savory snacks, ready-to-eat meals, fruits, and others. The increasing trend of the shift towards sustainable packaging solutions is estimated to propel market growth in the near future.

On the basis of the distribution network, the cellophane market is segmented as an indirect and direct distribution channel. Among which indirect distribution channel segment was accounted for more than 80.2% of the global cellophane market in 2021.

On the basis of region the cellophane market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2021, the Asia Pacific region dominates the cellophane market among all the regions followed by Europe in terms of value.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 322 Million

Projected Market Size in 2028

USD 480 Million

CAGR Growth Rate

4.92% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Permapack, Futamura Group, Rengo Co., Ltd., Peter Kollarik – KOLLT, Hubei Golden Ring New Materials Tech Ltd, THE GRIFF NETWORK, International Plastics Inc., Diamond Flexible Packaging, Weifang Henglian Cellulose Film, Ing. A. Maurer SA, Zhejiang Koray New Materials, Frager SA, Imperial Extracts, Aromatic Herbals Private Limited, Rajkeerth Aromatics and Biotech Pvt Ltd, Unikode S.A., Fleurchem,Inc, Manohar Botanical Extracts Pvt. Ltd., M K Exports India., and Others

Key Segment

By Commodity, By Formation, By Process, By Distribution Network, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Browse the full “Cellophane Market By Commodity (Plain Transparent Cellophane, Coated Cellophane & Others [Metallic]) By Formation (Tape, Bags, Films, & Others [Sheets]), By Process (Tobacco & Cigarettes Packaging, Food Packaging, Pharmaceutical Packaging, Battery Packaging, and Others), By Distribution Network (Indirect & Direct): Global Industry Perspective, Comprehensive Analysis and Forecast, 2022 – 2028” https://www.fnfresearch.com/cellophane-market

Some of the key players operating in the market include Futamura Group, Diamond Flexible Packaging, Ing. A. Maurer SA, Hubei Golden Ring New Materials Tech Ltd, Permapack, International Plastics Inc., Rengo Co., Ltd., Peter Kollarik – KOLLT, Weifang Henglian Cellulose Film, THE GRIFF NETWORK, and Zhejiang Koray New Materials, among others.

This report segments the global cellophane market as follows:

Global Cellophane Market: Commodity Segment Analysis

  • Plain Transparent Cellophane
  • Coated Cellophane
  • Other (Metallic)

Global Cellophane Market: Formation Segment Analysis

  • Tape
  • Bags
  • Films
  • Others (sheets)

Global Cellophane Market: Process Segment Analysis

  • Tobacco & Cigarettes Packaging
  • Food Packaging
  • Pharmaceutical Packaging
  • Battery Packaging
  • Others

Global Cellophane Market: Distribution Network Segment Analysis

  • Indirect
  • Direct

Global Cellophane Market: Regional Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

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